Search found 5031 matches

by Fallible
Fri Feb 05, 2016 5:26 pm
Forum: Investing - Theory, News & General
Topic: Boglehead mentality re todays oil price
Replies: 15
Views: 1082

Re: Boglehead mentality re todays oil price

I am wondering about the above. I think things like oil and gold are speculation. However, given todays super low price of oil, why are more people not pumping loads of money in. This is obviously a standard question, but would the boglehead mentality say that all information is currently priced in...
by Fallible
Fri Feb 05, 2016 1:26 pm
Forum: Investing - Theory, News & General
Topic: Emotion? question from dan howitt
Replies: 23
Views: 1944

Re: Emotion? question from dan howitt

Do you know any books I could read about this subject and about what some of you say? Thanks much! Have you tried the books I mentioned above, plus the wiki? Another poster mentioned the Kahneman book, "Thinking, Fast and Slow." Yet another is Dan Ariely's "Predictably Irrational.&qu...
by Fallible
Thu Feb 04, 2016 12:17 pm
Forum: Local Chapters and Bogleheads Community
Topic: MN Bogleheads Meet Sat., Feb. 6, 2016 - UPDATE
Replies: 3
Views: 323

MN Bogleheads Meet Sat., Feb. 6, 2016 - UPDATE

The Minnesota Bogleheads' chapter meets this Saturday, Feb. 6, 2016, from 9:30 a.m. to 11:30 a.m. at the Augsburg Park Library, 7100 Nicollet Ave S, Richfield. We hope you can join us and if you have questions, please post here. To be added to the mailing list, email us at MNbogleheads@gmail.com. Al...
by Fallible
Tue Feb 02, 2016 6:47 pm
Forum: Investing - Theory, News & General
Topic: Yeah, I Timed...
Replies: 26
Views: 4000

Re: Yeah, I Timed...

I s this timing based upon gut feelings or have you a strategy in mind - for instance - will you move another $25K if the market drops by another x% over the next x days? If 1 year goes by and the market has only gone up by 8% instead of your "10% and I'll move it back" bar - will you sti...
by Fallible
Tue Feb 02, 2016 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Under-estimated my risk tolerance
Replies: 25
Views: 3187

Re: Under-estimated my risk tolerance

I think in the end, this is tinkering. I put a lot of thought into my AA, and it's not as though I'm ignoring stocks at this time. I'm going to leave it alone and stick 65/35. Thank you all so much for talking through this with me. In the end, I'm going to do nothing - while I do reserve the right ...
by Fallible
Tue Feb 02, 2016 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Silent Investor Owed Lots of Money
Replies: 33
Views: 2348

Re: Silent Investor Owed Lots of Money

Has your FIL asked for your advice on the matter? No...he just brought it up to us for the first time today. We didn't know there was an issue. He said he doesn't want to involve a lawyer yet because he doesn't want to pay for a lawyer. He didn't seem overly concerned about the situation, so my wif...
by Fallible
Mon Feb 01, 2016 11:16 pm
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 36
Views: 7363

Re: Make your retirement money last

And it was revised in '09 and re-titled "Making the Most of Your Money NOW ." Even better. [size=100][color=Darkslategrey]You know, I'm not embarrassed to confess that I haven't read more than a page or two of the 2009 version. I held back a copy for myself of course when I got my first s...
by Fallible
Mon Feb 01, 2016 8:52 pm
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 36
Views: 7363

Re: Make your retirement money last

In my view, there really is no more trustworthy financial journalist than Jane Bryant Quinn, and her new book is a tour de force of the financial issues you’ll face in retirement. I highly recommend it. [size=105] Reading Quinn's 'Making the Most of Your Money' [color=#400000]in the early 1990s lai...
by Fallible
Mon Feb 01, 2016 7:32 pm
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 36
Views: 7363

Re: Make your retirement money last

Delete repeat.
by Fallible
Mon Feb 01, 2016 7:30 pm
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 36
Views: 7363

Re: Make your retirement money last

In my view, there really is no more trustworthy financial journalist than Jane Bryant Quinn, and her new book is a tour de force of the financial issues you’ll face in retirement. I highly recommend it. [size=105] Reading Quinn's 'Making the Most of Your Money' [color=#400000]in the early 1990s lai...
by Fallible
Mon Feb 01, 2016 8:27 am
Forum: Investing - Help with Personal Investments
Topic: Permanent Asset Allocation
Replies: 5
Views: 675

Re: Permanent Asset Allocation

While you're still setting an AA, it's a great time to read "All About Asset Allocation," 2nd ed., by pro Boglehead Rick Ferri. It's comprehensive and includes when it's appropriate to change an AA.
by Fallible
Sun Jan 31, 2016 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: Under-estimated my risk tolerance
Replies: 25
Views: 3187

Re: Under-estimated my risk tolerance

I think one thing stands out here, one BIG thing: you seem to be basing an "under-estimation" of your risk tolerance mainly on the '08 crash, which was deep and frightening, but also followed by a recovery that began the following March and morphed into a historic bull market over several...
by Fallible
Sun Jan 31, 2016 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Under-estimated my risk tolerance
Replies: 25
Views: 3187

Re: Under-estimated my risk tolerance

... Starting in 2008, I arrived in time to watch the "Great Recession" happen. Investing initially was like throwing my money into a bottomless pit, it disappeared so quickly. Of course we've since had a prolonged bull market that has fallen into correction territory and 8 years have gone...
by Fallible
Sun Jan 31, 2016 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Just not interested any more [in investing]
Replies: 42
Views: 7116

Re: Just not interested any more [in investing]

... I guess the whole Boglehead goal is to spend less time worrying about investing etc...and more time living your life....I get that...I didn't expect to become so disinterested in everything finance / investing related. Is this a bad thing? ... Unless you're failing to routinely check your portf...
by Fallible
Fri Jan 29, 2016 9:39 pm
Forum: Investing - Help with Personal Investments
Topic: son just starting out
Replies: 19
Views: 1438

Re: son just starting out

What is in his Roth IRA? Here is a short booklet pdf that you both can read that will give him lots of good ideas in a quick free read. Author is a recommended author, Dr William Bernstein, who wrote it for his adult children. https://www.etf.com/docs/IfYouCan.pdf Another recommendation for this gr...
by Fallible
Fri Jan 29, 2016 2:53 pm
Forum: Investing - Theory, News & General
Topic: "Why Simple Is Still a Hard Sell"
Replies: 24
Views: 4507

Re: "Why Simple Is Still a Hard Sell"

As we know from Buffett and Bogle, to paraphrase, what's so hard about simple is that it's not easy. One reason it's not easy is that it still requires effort to learn about and understand investing, even a simple portfolio; and once understood, it requires self-discipline and emotional control to a...
by Fallible
Thu Jan 28, 2016 11:47 pm
Forum: Personal Consumer Issues
Topic: Most efficient way to improve my writing ability?
Replies: 56
Views: 2570

Re: Most efficient way to improve my writing ability?

A quote I think of often is by Oscar Wilde: "I was working on the proof of one of my poems all the morning, and took out a comma. In the afternoon I put it back again." Great quote. I have found that allowing even more time between drafts drastically improves my writing. Get to the end. W...
by Fallible
Thu Jan 28, 2016 7:50 pm
Forum: Personal Consumer Issues
Topic: Do you pay for exercise?
Replies: 207
Views: 10444

Re: Do you pay for exercise?

I've paid only for my outdoor and stationary bikes, good walking shoes, sturdy hiking boots, and dumbells. Also take the stairs at home several times a day.
by Fallible
Thu Jan 28, 2016 7:18 pm
Forum: Personal Consumer Issues
Topic: Most efficient way to improve my writing ability?
Replies: 56
Views: 2570

Re: Most efficient way to improve my writing ability?

... I'm already a fairly decent technical writer (passable anyway). I'm fairly certain my primary issue is going to be meeting minimum page length. Being more technical in nature, it's in my blood to keep things short and concise. I have difficulty elaborating - especially if it feels forced. The t...
by Fallible
Thu Jan 28, 2016 1:44 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 9210

Re: What is your favorite Financial Quote or Metaphor??

(About the future direction of the stock markets, interest rates, etc. and its relation to a portfolio asset allocation?) I don't know and I don't care. Would that be ignorance or apathy? :wink: I was thinking more along the lines of have a good IPS, a decent asset allocation, ignore the noise and ...
by Fallible
Thu Jan 28, 2016 1:13 pm
Forum: Personal Consumer Issues
Topic: Which news source do you use?
Replies: 67
Views: 4152

Re: Which news source do you

Of the two papers, I like the NYT for news overall, then the WSJ for personal finance and investing, but also check other news sources throughtout the day. I was a news journalist for many years and when I retired, thought I'd enjoy no longer having to read so many different sources of news every da...
by Fallible
Wed Jan 27, 2016 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Bought a bunch of stocks today
Replies: 42
Views: 4136

Re: Bought a bunch of stocks today

Sounds like a discussion overheard many years ago at the Royal Exchange. The notion that folks (whatever their age) can just toss money into equities is, well, beyond me. I have no problem with trading, mind you. It's fun, and you can actually make money if you keep your eye on the ball, so to spea...
by Fallible
Wed Jan 27, 2016 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Bought a bunch of stocks today
Replies: 42
Views: 4136

Re: Bought a bunch of stocks today

And now I should say that you are a far better investor than I was at 24 and congratulations on that. Sounds like a discussion overheard many years ago at the Royal Exchange. The notion that folks (whatever their age) can just toss money into equities is, well, beyond me. I have no problem with tra...
by Fallible
Wed Jan 27, 2016 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Bought a bunch of stocks today
Replies: 42
Views: 4136

Re: Bought a bunch of stocks today

Hi guys, Prior to the closing bell today, I added about 50k to my 100% equities to my portfolio, just 2/3 VTSAX and 1/3 VTIAX, simple as that. For whats its worth this was about a 25% addition to my portfolio. I had been DCA'ing before, but seeing how low things have gotten, I couldn't help myself....
by Fallible
Tue Jan 26, 2016 7:13 pm
Forum: Personal Consumer Issues
Topic: 3 Small Dogs - Dental Care
Replies: 19
Views: 1434

Re: 3 Small Dogs - Dental Care

As someone who raw feeds and has not had a dental done on a dog since 1995, I have to recommend raw knuckle bones. Not the long bones which are too hard, but the knuckles. I foster dogs often and they sometimes come to me with calculus like nobody's business. Two or three sessions with a raw bone a...
by Fallible
Tue Jan 26, 2016 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Should we do what our FA advises?
Replies: 52
Views: 3448

Re: Should we do what our FA advises?

Thanks everyone for the advice. We are still sorting through all of your posts. The "FA" we used is a CFP actually. We paid him a fee to draw up our financial plan, a very detailed plan that took all of our information, including goals, into consideration. Our estate lawyer brought him to...
by Fallible
Tue Jan 26, 2016 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Should we do what our FA advises?
Replies: 52
Views: 3448

Re: Should we do what our FA advises?

Thanks everyone for the advice. We are still sorting through all of your posts. The "FA" we used is a CFP actually. We paid him a fee to draw up our financial plan, a very detailed plan that took all of our information, including goals, into consideration. Our estate lawyer brought him to...
by Fallible
Mon Jan 25, 2016 10:31 pm
Forum: Investing - Help with Personal Investments
Topic: Bought a bunch of stocks today
Replies: 42
Views: 4136

Re: Bought a bunch of stocks today

It's interesting that often when people time the market, they say they didn't, or weren't trying to, of ask if they did. Market timing's not hard to understand, so why not just say they took a guess, timed the market, and now hope to get lucky?
by Fallible
Mon Jan 25, 2016 10:20 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 9210

Re: What is your favorite Financial Quote or Metaphor??

"Successful investing is all about common sense." John Bogle

"Investing is simple, but it's not easy." Warren Buffett
by Fallible
Mon Jan 25, 2016 9:22 pm
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Taylor!
Replies: 87
Views: 3592

Re: Happy Birthday Taylor!

I'll keep it simple: Happy Birthday Taylor!

Fallible
by Fallible
Mon Jan 25, 2016 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Risk Tolerance with Short Investment Horizon
Replies: 4
Views: 371

Re: Risk Tolerance with Short Investment Horizon

... None of the discussions of risk tolerance that I have found tie the two together, but can one afford to consider their risk tolerance and adjust asset allocation accordingly, as is so typically recommended, when their investment horizon is short like this, for example potentially taking even ju...
by Fallible
Mon Jan 25, 2016 6:29 pm
Forum: Investing - Help with Personal Investments
Topic: Bought a bunch of stocks today
Replies: 42
Views: 4136

Re: Bought a bunch of stocks today

Hi guys, Prior to the closing bell today, I added about 50k to my 100% equities to my portfolio, just 2/3 VTSAX and 1/3 VTIAX, simple as that. For whats its worth this was about a 25% addition to my portfolio. I had been DCA'ing before, but seeing how low things have gotten, I couldn't help myself....
by Fallible
Mon Jan 25, 2016 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Should we do what our FA advises?
Replies: 52
Views: 3448

Re: Should we do what our FA advises?

Thank you in advance for your help. Here's the story: My husband and I are 60 and 61 y.o. We just had a FA work up a financial plan for us. He is a certified financial advisor who works for himself, but obviously he does get commissions for products he gets us to buy into, which is why we now have ...
by Fallible
Mon Jan 25, 2016 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Another 100% stock thread!
Replies: 33
Views: 2806

Re: Another 100% stock thread!

.... Psychology Generally, I approach decision making from the perspective of an engineer/scientist. I'm interested in data, analysis, and theory without giving much consideration to emotion. I've always been focused on long term benefits over instant gratification. ... Now is a good time to give l...
by Fallible
Sun Jan 24, 2016 5:59 pm
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 137
Views: 13724

Re: The Big Short

"Inside Job", 2011 Oscar winner for best documentary, is a must see film for anyone interested in the financial crises. IMO far better than The Big Short, both in terms of education and entertainment. http://www.sonyclassics.com/insidejob/ Inside Job was unwatchable to me. Basically not u...
by Fallible
Sun Jan 24, 2016 4:01 pm
Forum: Investing - Theory, News & General
Topic: Robo-advisors and Risk and Bernstein
Replies: 14
Views: 1727

Re: Robo-advisors and Risk and Bernstein

The graphic in the article that linked to a review of Robo-Advisors was really quite helpful. It is, and also the comparisons of robo-advisors in the article. The differences in approach and the attention, or near lack of it in some cases, to an investor's emotional risk tolerance surprised me and ...
by Fallible
Sun Jan 24, 2016 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Think my future father in law is giving the wrong advice to my fiance..what should i do?
Replies: 111
Views: 9095

Re: Think my future father in law is giving the wrong advice to my fiance..what should i do?

Agree with those who say this is more a relationship than money issue and resolving it is mainly up to your fiancé. It's her money at this point and she should use the advice she's getting from you and her father to then make up her own mind. Does she understand that?
by Fallible
Sun Jan 24, 2016 12:09 pm
Forum: Investing - Theory, News & General
Topic: Robo-advisors and Risk and Bernstein
Replies: 14
Views: 1727

Re: Robo-advisors and Risk and Bernstein

The graphic in the article that linked to a review of Robo-Advisors was really quite helpful. It is, and also the comparisons of robo-advisors in the article. The differences in approach and the attention, or near lack of it in some cases, to an investor's emotional risk tolerance surprised me and ...
by Fallible
Sat Jan 23, 2016 11:20 am
Forum: Investing - Theory, News & General
Topic: Robo-advisors and Risk and Bernstein
Replies: 14
Views: 1727

Robo-advisors and Risk and Bernstein

Interesting background on the value of robo-advisors from the NYT and from Bill Bernstein: What really matters is whether investors are comfortable sticking with a particular recommendation when the markets sour. There could be a significant difference in how much risk the robots believe you can aff...
by Fallible
Fri Jan 22, 2016 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: The Boglehead Way of Employment
Replies: 82
Views: 6590

Re: The Boglehead Way of Employment

Finding the right career is about finding oneself. It takes longer for some than for others, and even if the right career is found, there may be another down the road as you continue to get to know yourself and discover more things you can do and love to do. There may be wrong turns, wrong jobs, but...
by Fallible
Fri Jan 22, 2016 8:15 pm
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 137
Views: 13724

Re: The Big Short

Recently saw “The Big Short”. Really enjoyed it and will watch it again to pick up nuances I missed. A memorable scene: Fund manager when conversing with S&P Credit Rating Agency representative, learned that high ratings were rubber stamped so banks (customers) wouldn’t go to competitors. The f...
by Fallible
Fri Jan 22, 2016 7:02 pm
Forum: Investing - Theory, News & General
Topic: Why Bogle?
Replies: 36
Views: 3454

Re: Why Bogle?

Very much the way I feel about his "broad philosophy." I do, however, consider myself a follower of that philosophy and greatly admire him beyond indexing. I certainly don't consider myself what I think (and I may be wrong) dbr refers to as a following "fool," and assume he mean...
by Fallible
Fri Jan 22, 2016 6:10 pm
Forum: Investing - Theory, News & General
Topic: Why Bogle?
Replies: 36
Views: 3454

Re: Why Bogle?

Very much the way I feel about his "broad philosophy." I do, however, consider myself a follower of that philosophy and greatly admire him beyond indexing. I certainly don't consider myself what I think (and I may be wrong) dbr refers to as a following "fool," and assume he mean...
by Fallible
Fri Jan 22, 2016 3:59 pm
Forum: Investing - Theory, News & General
Topic: Why Bogle?
Replies: 36
Views: 3454

Re: Why Bogle?

I don't follow Jack Bogle. A lot of people here don't follow Jack Bogle. A lot of people here do look at investing and what Jack Bogle says about it and figure out what makes sense. It does turn out for those people that the result is generally similar to but not always the same as what Mr. Bogle h...
by Fallible
Fri Jan 22, 2016 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Most anticipated retirement purchase
Replies: 107
Views: 6975

Re: Most anticipated retirement purchase

Levett wrote:Hi Fallible,

Thanks for the link--e.g., "gratitude can mean a long, healthy life."

Now, what I gotta do is make the money last as long as the gratitude! :wink:

Lev


Right on. :D
by Fallible
Fri Jan 22, 2016 3:26 pm
Forum: Investing - Theory, News & General
Topic: Piece by Shiller in today's NYT
Replies: 6
Views: 1251

Re: Piece by Shiller in today's NYT

A good piece to help understand our emotional reactions in terms of narratives.

Shiller, btw, also wrote of narratives in his recent book (with George Akerlof), "Phishing for Phools."

Thanks for posting.
by Fallible
Fri Jan 22, 2016 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Most anticipated retirement purchase
Replies: 107
Views: 6975

Re: Most anticipated retirement purchase

Levett wrote:As I approached retirement, my one desire was for autonomy. And in retirement I've got it (and a ton of gratitude). 8-)

Lev


And, in case you don't know it (but you probably do), gratitude can mean a long, healthy life. http://time.com/4124288/thanksgiving-da ... gratitude/
by Fallible
Fri Jan 22, 2016 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Most anticipated retirement purchase
Replies: 107
Views: 6975

Re: Most anticipated retirement purchase

Before retiring, I looked forward to having time. Now fully retired for many years, I value having it more than ever. I am pretty literal person so when I keep seeing people say having time I keep thinking time for what? Try to explain to my dense mind what it is you are doing with this time that y...
by Fallible
Fri Jan 22, 2016 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Most anticipated retirement purchase
Replies: 107
Views: 6975

Re: Most anticipated retirement purchase

Before retiring, I looked forward to having time. Now fully retired for many years, I value having it more than ever. I am pretty literal person so when I keep seeing people say having time I keep thinking time for what? Try to explain to my dense mind what it is you are doing with this time that y...
by Fallible
Fri Jan 22, 2016 12:31 pm
Forum: Forum Issues and Administration
Topic: Upcoming East Coast snow and Bogleheads servers
Replies: 18
Views: 1706

Re: Upcoming East Coast snow and Bogleheads servers

The East Coast of the U.S. is facing a major snow storm. Power outages are likely. If the Bogleheads.org servers are still in New Jersey, they may get affected. Victoria I'm pretty sure that mingstar or Alex indicated that post Hurricane Sandy the servers are no longer located in New Jersey, but I ...

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